2304 Matthews Township Pkwy | Matthews, NC 28105
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2304 Matthews Township Pkwy
Matthews, NC 28105
Matthews Corners Outparcel Shops · Retail Property For Sale
Investment Highlights
- 100%, FULLY INTERNET-PROOF, NATIONAL RETAIL LINE-UP, strategically-positioned as an outparcel to high-performing Marshalls, Hobby Lobby & more
- NEWLY-CONSTRUCTED, THREE-TENANT ASSET WITH ATTRACTIVE, MODERN FACADES AND 10-YEAR LEASES, truly provides hands-off ownership
- HIGH-TRAFFIC LOCATION AT THE MATTHEWS TOWNSHIP PKWY EXIT RAMP FROM US-74, which accesses 57,000 VPD & connects to Downtown Charlotte
- STRONG RETAIL FUNDAMENTALS INCLUDE LONG-TERM, NNN LEASES WITH VALUABLE BUILT-IN RENT ESCALATIONS, creating stability along with intrinsic NOI growth
- EXCELLENT DEMOGRAPHIC PROFILE marked by 162,334 people within a 5-mile radius, a projected annual growth rate of 1.27% and an Avg. HH Income of $105K
- STRONG RETAIL FUNDAMENTALS include long-term, NNN leases w/ built-in rent escalations establishing stability & ability to secure attractive financing
PROPERTY FACTS
Property Type
Retail
Building Size
9,978 SF
Year Built
2019
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.20
Lot Size
1.16 AC
Zoning
B1SCD - Shopping Center District
Parking
45 Spaces (4.51 Spaces per 1,000 SF Leased)
PROPERTY TAXES
| Parcel Number | 193-311-84 | Improvements Assessment | $2,203,200 |
| Land Assessment | $2,381,100 | Total Assessment | $4,584,300 |
PROPERTY TAXES
Parcel Number
193-311-84
Land Assessment
$2,381,100
Improvements Assessment
$2,203,200
Total Assessment
$4,584,300
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